The subjects comprise a ground floor retail unit forming part of a larger five-storey sandstone building. The upper floors are currently utilised as offices and workshop / studio space. The building was constructed during the late 1920s and comprise a grand, architecturally striking landmark. Internally, the unit benefits from open plan retail space and access is provided via a recessed frontage.
( Agency Pilot Software ref: 53536 )
Location
The subjects are located within the heart of the Merchant City, on the north side of Trongate at its junction with High Street. The premises are approximately a five-minute walk from the city centre, both High Street and Argyle Street railway stations are within walking distance in addition to a number of bus services operating on Trongate. Nearby occupiers include Maggie May’s, Bucks Bar, Boteco de Brazil and Guitar Guitar
Accommodation
125.42 sq.m. (1,350 sq.ft.)
Terms
LEASE TERMS The premises are offered on Full Repairing and Insuring terms. The Landlord’s preference is for a flexible lease term.
RENT We are instructed to seek offers in excess of £25,000 per annum exclusive of VAT.
RATING ASSESSMENT The subjects are entered in the Valuation Roll with a Rateable Value of £14,300. The poundage rates for 2024/2025 is £0.498 in the pound. The ingoing tenant is likely to benefit from rates relief. Details available from the letting agents.
VAT Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT).
ENERGY PERFORMANCE CERTIFICATE An EPC has been prepared for this property and can be provided upon request.
Specification
- Prominent position
- Located in the heart of the Merchant City
- Extends to approximately 125.42 sq.m. (1,350 sq.ft.)
- New FRI lease available
- Rental offers in excess of £25,000 per annum, exclusive of VAT